Hedging EA with EMA 9

MQL5 Esperti

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Specifiche

We need to build hedging EA where only indicator for buy/sell is EMA 9 close

Inputs in settings 
EMA = Ema9 close
Lotsize = 0.01
TakeProfit = 1 USD
Commission = 0.2 USD


We will separate this strategy in 4 different cases 
Case 1 = 1 open trade
Case 2 = 3 open trades
Case 3 = 5 open trades
Case 4 = 6 open trades
FLOW
Case 1:
Buy trade: If one candle it come full OVER ema 9 we are entering in BUY position
Sell trade: If one candle it come full UNDER ema 9 we are entering in SELL position

We have TP=TakeProfit + commission, if trade reach that is closing and open new position in same direction

ELSE
CASE 2
If first signal does not reach TP, we are opening 2 new trades in opposite direction with same LotSize
Example we have 1 buy trade, then we open 2 x 1 Sell trades and making a BASKET of 1 buy and 2 sell positions 
IF we reach TP where TP = TakeProfit + (3 * commission ) trade is closing and we go on CASE 1
ELSE
CASE 3
If we have 1 buy, 2 x 1 sell trades and they did not reach TP level then we are opening 2 x 1 buy trade and making a basket of 3 buy and 1 sell positions where TP = TakeProfit + (5 * commission) if reach TP we are back in CASE 2
Else 
CASE 4
IF we have 1 buy, 2 x 1 sell, 2 x 1 buy and they did not reach TP level then we are opening only 1 SELL trade
and we are making 2 TP baskets
1 TP BUY BASKET where it have 3 Buy and 1 Sell trade
2 TP SELL BASKET where it have 3 sell and 1 buy trade

IF we reach 1st TP BASKET we are going back to case 3 with opening 3 x 1 buy trades
Else IF we reach 2nd TP BASKET we are going back to case 3 with opening 3 x 1 sell trades

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